![]() The impact of performance-oriented government regulation and public environmental demands on efficiency is not significant, which indicates that the supervision and binding force of enterprises are insufficient. The impact coefficient of input-oriented government regulation is significantly negative, which indicates that increasing the investment in pollution control may encourage polluting enterprises’ emission behavior to obtain benefits. The results show that the overall efficiency of green finance in promoting industrial transformation and upgrading is high, but it shows a downward trend, which may be due to the unbalanced development of the green financial system, information asymmetry, and the absence of enterprises from regulation. In addition, the Tobit regression model is used to empirically test the impact of public environmental demands, government regulations, and their interaction terms on the efficiency of green finance in promoting industrial transformation and upgrading. In order to explore the impact efficiency and policy effect of green finance on industrial transformation and upgrading in China, through the establishment of VAR model and super-efficiency DEA model, the relationship between green finance and industrial transformation and upgrading and its impact on efficiency are studied. With the help of green finance, we can optimize the allocation of financial resources and promote the optimization and upgrading of industrial structure. To find out more about keeping your cash flowing through Inspire Payments visit our Cash Advance page.Industrial transformation and upgrading is an important step for China to carry out cleaner production and achieve the goal of carbon neutrality. Different to a bank loan and repaid via card transactions through Inspire Payments’ terminals, the partnership is a natural fit and value-add for both Inspire Payments, YouLend and our customers.”Īs an example, business owners can access an advance at 100-110% of their monthly card turnover e.g., a monthly card turnover of £15,000 will equal around a £15,000-£16,500 advance. Jack Stokes Partnerships Manager, at YouLend adds: “The partnership between YouLend and Inspire Payments has allowed over 180 customers access over £1.5m in business funding to support their business. This percentage can vary from 5% to 20% of daily takings. This information is taken from latest merchant statements and a minimum monthly card turnover threshold of £3,000per month is required, based on a minimum of 3 months’ worth of trading.Īn advance payment is made as a lump sum, which is then repaid as an agreed percentage of future card transactions. Qualification is based on average earnings from card payments. With new and existing customers being offered access to funding of up to £1,000,000 to grow their business and pay back when they make money, business owners are able to be financially flexible in their decision-making and manage their business stability and growth. Sean adds: “Whether you are a fledgling business launching a new product or service, or an established small business striving to maintain profitability, cash is king when it comes to driving the progress of operations.” ![]() ![]() In order for your business to meet these needs, It’s essential to reserve sufficient funds to meet these investments.Īround 180 small businesses have accessed the flexible cash advance funding loans -surpassing £1.5m of lending to Inspire Payments’ customers. Hiring skilled employees or investing in new equipment or upgrades helps expand your capacities and keeps you competitive. In this current economic climate, every day brings unforeseen challenges, with shrinking margins and economic competition making it essential to allocate sufficient cash flow for the financial health of the business. “We have found that our customers have realised the many benefits of this short-term cash injection into their business – around 50 per cent have renewed their loans or taken out another one.”Įvery small business owner will agree that securing funding is vital for growth. Sean Kelly, Sales Director at Inspire Payments comments: ““We are in a privileged position of having an existing financial relationship with our customers through our merchant services and can verify operating revenue which fast-tracks them as a suitable candidate for borrowing through the YouLend scheme.” More than 180 small business owners have been flexing their finances through a new cash advance scheme offered through our alternative finance partner YouLend.Īs the cost of living and running a business crisis has taken its grip, we’ve been able to offer a lifeline to small business owners looking to inject some cash to maintain or grow their business.
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